Chemicals, plastics and rubber industries

ITALY: MARBERT TEAMS UP MIT COIN

Article Abstract:

Marbert AG of Dusseldorf, Germany, might raise its turnover in Italy to about L 300bn in 1999, up from about L 100bn in 1997. This might include further takeovers, following the acquisition of Bologna-based Limoni Spa, Italy's biggest cosmetics chain, in September 1998. Recently Marbert signed an agreement with the Venice-based retail chain Coin. Twenty-three Limoni perfumeries are to be set up in Oviesse non-food stores that were acquired by Coin from Standa. Until the end of 1999 Coin has the option to take a 50% stake in the company that operates the Limoni outlets.

SOUTH AFRICA: FRESENIUS KABI BOOSTS SALES

Article Abstract:

Fresenius Kabi South Africa (Pty) Ltd has been set up in Johannesburg to distribute the nutrition and infusion therapy products of its parent, which is the leader in its field in Europe. The new company is responsible for distribution in southern Africa, while the northern part is covered from a sales office in Cairo. Until now Fresenius Kabi products were distributed in South Africa by independent partners.